Navigating the complexities of Social Security and Medicare taxes can be daunting for U.S. taxpayers. These taxes, mandated by the Federal Insurance Contributions Act (FICA), play a crucial role in funding essential programs.

Most Americans who are turning 65 and not receiving a Social Security check should apply for Medicare by visiting www.ssa.gov/medicare/sign-up at least 3 months prior to turning 65 for Medicare Parts A and B to begin the first day of the month turning 65.

I don’t care how many dead people they think they see in the Social Security system — the numbers aren’t there.

Ways to avoid paying taxes on Social Security benefits. Before we dive into some ways to potentially reduce your tax burden, it’s good to remember that the portion of your benef

Social Security will run out of money in 2035. It really doesn’t work that way. The fund will only be able to 83% or so of the benefits it pays today. That number will drop to 70% a few years after that.